PPT-Payroll Accounting Section 11

Overview Accounting Principles Account Classifications Account Balances Journal Entries Recording Payroll Transactions Accounting Periods Accruals and Reversals Balancing and Reconciliations. Payroll is defined as a method of administrating employees’ salaries in the organizations. The process consists of calculation of salaries and tax deductions of the employees, administrating the retirement benefits and disbursements of salaries to employees. It can also be called as an accounts activity which undertakes the salary administration of employees in the organization. . Commitment Accounting Payroll ExpenseRedistribution for End Users TABLE OF CONTENTS REQUIRED PEOPLESOFT SECURITY ROLES ................................................................................. May 18, 2016. Sherrie Kutzler, Director – Accounting Services. Correction related to Retros. Incorrect statement: Retros can be completed on payday through current pay-period.. Correct statement – Retros . Objectives. Calculate gross payroll using multiple methods. List and compute withholdings. Compute net pay. Prepare payroll register. Explain distribution methods. Record payroll transactions in the general journal. Spring 2016 Study Group. March 5, 2016. . ACCOUNTING. Accounting is a way of keeping track of an organization’s financial transactions.. This information is used to prepare the company’s financial statements. Fourth Edition. Chapter 11. Payroll Taxes, Deposits, and Reports. Copyright © 2017 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education.. General Accounting. To record transactions. Prepare financial statements. Cost Accounting. Determine the cost of producing a product or providing a service. Identify areas to control costs. Budget. Project costs and revenues associated with business activities. Payroll Office. 8/26/2015. What is a payroll retroactive funding adjustment?. An RFA is a process to correct the payroll funding source for one or more pay periods for a specific position. . Essentially, Payroll forces the HR/Pay system to completely reverse each paycheck for the employee for every pay period involved. The new funding is then applied to all of the salary and fringe. . Mendoza – Director of Business Services. Annabelle . Juntado. – Accounting Manager. Business Services Office. Accounting. Accounts Payable. Accounts . Receivable. Benefits Accounting. Budget. Cafeteria Accounting. College Accounting A Contemporary Approach Fourth Edition Chapter 11 Payroll Taxes, Deposits, and Reports Copyright © 2017 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. College Accounting A Contemporary Approach Fourth Edition Chapter 10 Payroll Computations, Records, and Payment Copyright © 2017 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. The Benefits of Reading Books,Most people read to read and the benefits of reading are surplus. But what are the benefits of reading. Keep reading to find out how reading will help you and may even add years to your life!.The Benefits of Reading Books,What are the benefits of reading you ask? Down below we have listed some of the most common benefits and ones that you will definitely enjoy along with the new adventures provided by the novel you choose to read.,Exercise the Brain by Reading .When you read, your brain gets a workout. You have to remember the various characters, settings, plots and retain that information throughout the book. Your brain is doing a lot of work and you don’t even realize it. Which makes it the perfect exercise! Tuesday, July 11, 11:00 AM. Presented . by: . Teri Jones & Chi Zhang. Agenda. Accounting Journals. . (. Reference Files, Accounting Journals). Cash . Budget . (Task 1 & 2). Making . Projections . . ABA Therapy Billing and Insurance Services. Presented by Michele Silcox, CEO/Owner . Accounting Cycle. Software and Revenue Recognition. Practice Management vs Accounting Software. Practice Management Software.